The retailer formerly know as Amazon revealed on Tuesday that the funding pool for Kindle Unlimited and KDP Select increased in October 2016, to $16.2 million. That is a bump of $300,000 over September 2016.

I only have limited data for this month, but I can report that the royalty rate rose in both the US and Germany ($ .005189 and € 0.00358, respectively).

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Nate Hoffelder

Nate Hoffelder is the founder and editor of The Digital Reader: He's here to chew bubble gum and fix broken websites, and he is all out of bubble gum. He has been blogging about indie authors since 2010 while learning new tech skills at the drop of a hat. He fixes author sites, and shares what he learns on The Digital Reader's blog. In his spare time, he fosters dogs for A Forever Home, a local rescue group.